Direxion Daily QCOM Bull 2X ETF (QCMU) Performance
QCMU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −23.7% since Dec 31, 2025
- 1 year
- −25.6% total return
- Since first price
- −16.1% since 2025
QCMU trailing returns vs SPY, QQQ, AGG
| Period | QCMU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −22.4% | −22.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.5% | −2.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +31.6% | +30.4% | +7.8% | +8.4% | −1.5% |
| YTD | −23.7% | −25.0% | +12.3% | +15.1% | −1.0% |
| 1 year | −25.6% | −27.5% | +14.4% | +15.9% | −1.1% |
| Since inceptionJun 25, 2025 | −16.1% | −18.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: QCMU vs SPY
From Jun 25, 2025: QCMU grew to $8,389, SPY to $12,688.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
QCMU returns by calendar year
2026 is year to date.
QCMU annual returns table
| Year | QCMU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −23.7% | −68.7% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
QCMU largest drawdowns
Now 58.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 29, 2026 | −68.7% | Jul 31, 2026 | not yet | 2 months | 5 months so far |
| Oct 27, 2025 | −59.5% | Apr 7, 2026 | May 7, 2026 | 5 months | 6 months |
| May 11, 2026 | −34.1% | May 19, 2026 | May 26, 2026 | 8 days | 15 days |
| Sep 24, 2025 | −22.6% | Oct 10, 2025 | Oct 27, 2025 | 16 days | 33 days |
| Jul 2, 2025 | −21.2% | Aug 7, 2025 | Sep 17, 2025 | 36 days | 3 months |
| May 26, 2026 | −12.3% | May 27, 2026 | May 29, 2026 | 1 days | 3 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
QCMU risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −8.6% |
| Volatility (annualized) | 133.3% |
| Sharpe ratio | 0.45 |
| Sortino ratio | 0.90 |
| Best month | +86.8% |
| Worst month | −49.6% |
| Best 12 months | −3.4% |
| Worst 12 months | −27.7% |
| Positive months | 53% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
QCMU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 5 | −33.4% | −20.3% | −3.4% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
QCMU performance overview
Direxion Daily QCOM Bull 2X ETF (QCMU) returned −25.6% over the past year, with distributions reinvested. Since its first recorded price on Jun 25, 2025 it has returned −16.1%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −68.7%, from May 29, 2026 to Jul 31, 2026; the fund has not yet regained that high. Volatility has been 133.3% a year.
Related: QCMU chart, QCMU dividends. See the QCMU overview for the latest quote and fund facts.
QCMU performance FAQ
What is the QCMU return over the past year?
QCMU returned −25.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 27.5%.
How much would $10,000 invested in QCMU be worth?
$10,000 invested in QCMU at its first recorded close on June 25, 2025 would be worth about $8,389 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of QCMU?
The largest peak-to-trough decline was −68.7% between May 29, 2026 and July 31, 2026. It has not yet recovered to that high; it is 58.1% below its peak.
How volatile is QCMU?
Over the past history QCMU had an annualized volatility of 133.3% and a Sharpe ratio of 0.45 (excess return over 1–3 month T-bills per unit of risk).